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Flyers’ Timonen inks one-year contract extension

Kimmo Timonen

Kimmo Timonen #44 of the Philadelphia Flyers looks for the opening in the third period against the New York Rangers on January 29, 2013 at Madison Square Garden in New York City. The New York Rangers defeated the Philadelphia Flyers 2-1. (January 28, 2013 - Source: Elsa/Getty Images North America)

Kimmo Timonen won’t be testing the free agent waters this summer. The Philadelphia Flyers announced Thursday night that they have agreed to a one-year contract extension with the 37-year-old defenseman.

“Kimmo’s presence on the ice for us and in our locker room is invaluable,” Flyers GM Paul Holmgren said. “We look forward to him continuing his all-around play for us.”

Philadelphia didn’t immediately disclosed the financial terms of the deal, but the contract will pay Timonen $6 million in 2013-14, according to Sam Carchidi of the Philadelphia Inquirer’s source. Timonen’s current contract, which expires this summer, comes with a $6,333,333 annual cap hit.

The Finnish defenseman has been a stabilizing force on the Flyers’ blueline for years. He has recorded at least 37 points in each of his previous 10 campaigns and has played in at least 76 contests in each of his five full seasons with Philadelphia.

At the same time, he had back surgery last May and expressed concerns prior in early January about how his body might respond to a shortened season. So far he has five points and is averaging a team-leading 22:46 minutes through 10 games.